Transport Corporation of India Limited
Transport Corporation of India Limited provides end-to-end integrated supply chain and logistics solutions in India. The company operates through Freight Division, Supply Chain Solutions Division, Seaways Division, and Energy Division segments. It offers surface transport solutions, such as full truck load, less than truck load, over-dimensional cargo, and project heavy haul. In addition, the com… Read more
Transport Corporation of India Limited (TCI) - Net Assets
Latest net assets as of September 2025: ₹24.30 Billion INR
Based on the latest financial reports, Transport Corporation of India Limited (TCI) has net assets worth ₹24.30 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹30.78 Billion) and total liabilities (₹6.48 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹24.30 Billion |
| % of Total Assets | 78.93% |
| Annual Growth Rate | 14.69% |
| 5-Year Change | 85.94% |
| 10-Year Change | 284.26% |
| Growth Volatility | 10.78 |
Transport Corporation of India Limited - Net Assets Trend (2006–2025)
This chart illustrates how Transport Corporation of India Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Transport Corporation of India Limited (2006–2025)
The table below shows the annual net assets of Transport Corporation of India Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹21.91 Billion | +7.56% |
| 2024-03-31 | ₹20.37 Billion | +17.62% |
| 2023-03-31 | ₹17.32 Billion | +18.81% |
| 2022-03-31 | ₹14.58 Billion | +23.70% |
| 2021-03-31 | ₹11.78 Billion | +14.45% |
| 2020-03-31 | ₹10.30 Billion | +14.75% |
| 2019-03-31 | ₹8.97 Billion | +17.06% |
| 2018-03-31 | ₹7.66 Billion | +17.76% |
| 2017-03-31 | ₹6.51 Billion | +14.15% |
| 2016-03-31 | ₹5.70 Billion | -8.65% |
| 2015-03-31 | ₹6.24 Billion | +26.33% |
| 2014-03-31 | ₹4.94 Billion | +12.78% |
| 2013-03-31 | ₹4.38 Billion | +14.95% |
| 2012-03-31 | ₹3.81 Billion | +16.11% |
| 2011-03-31 | ₹3.28 Billion | -3.34% |
| 2010-03-31 | ₹3.40 Billion | +12.05% |
| 2009-03-31 | ₹3.03 Billion | +10.22% |
| 2008-03-31 | ₹2.75 Billion | +46.34% |
| 2007-03-31 | ₹1.88 Billion | +15.97% |
| 2006-03-31 | ₹1.62 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Transport Corporation of India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 587427000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹5.87 Billion | 27.26% |
| Common Stock | ₹153.00 Million | 0.71% |
| Other Comprehensive Income | ₹15.42 Billion | 71.55% |
| Other Components | ₹102.33 Million | 0.47% |
| Total Equity | ₹21.55 Billion | 100.00% |
Transport Corporation of India Limited Competitors by Market Cap
The table below lists competitors of Transport Corporation of India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fulcrum Therapeutics Inc
NASDAQ:FULC
|
$258.86 Million |
|
Kunwu Jiuding Investment Holdings Co Ltd
SHG:600053
|
$258.87 Million |
|
Xinjiang Tianrun Dairy Co Ltd
SHG:600419
|
$258.98 Million |
|
Autoneum Holding AG
OTCGREY:ATNNF
|
$259.04 Million |
|
Shanghai Hollywave Electronic System Co. Ltd. A
SHG:688682
|
$258.74 Million |
|
Mirae Asset Life Insurance Co Ltd
KO:085620
|
$258.66 Million |
|
Huons Global Co. Ltd
KQ:084110
|
$258.65 Million |
|
Netlist Inc
OTCQB:NLST
|
$258.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Transport Corporation of India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 20,038,230,000 to 21,547,000,000, a change of 1,508,770,000 (7.5%).
- Net income of 4,123,810,000 contributed positively to equity growth.
- Dividend payments of 774,000,000 reduced retained earnings.
- Share repurchases of 1,972,000,000 reduced equity.
- New share issuances of 46,000,000 increased equity.
- Other comprehensive income increased equity by 15,293,250,000.
- Other factors decreased equity by 15,208,290,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹4.12 Billion | +19.14% |
| Dividends Paid | ₹774.00 Million | -3.59% |
| Share Repurchases | ₹1.97 Billion | -9.15% |
| Share Issuances | ₹46.00 Million | +0.21% |
| Other Comprehensive Income | ₹15.29 Billion | +70.98% |
| Other Changes | ₹-15.21 Billion | -70.58% |
| Total Change | ₹- | 7.53% |
Book Value vs Market Value Analysis
This analysis compares Transport Corporation of India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.56x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 32.12x to 3.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹30.86 | ₹991.40 | x |
| 2007-03-31 | ₹27.84 | ₹991.40 | x |
| 2008-03-31 | ₹37.93 | ₹991.40 | x |
| 2009-03-31 | ₹41.56 | ₹991.40 | x |
| 2010-03-31 | ₹46.16 | ₹991.40 | x |
| 2011-03-31 | ₹45.20 | ₹991.40 | x |
| 2012-03-31 | ₹51.84 | ₹991.40 | x |
| 2013-03-31 | ₹59.80 | ₹991.40 | x |
| 2014-03-31 | ₹67.02 | ₹991.40 | x |
| 2015-03-31 | ₹84.04 | ₹991.40 | x |
| 2016-03-31 | ₹74.39 | ₹991.40 | x |
| 2017-03-31 | ₹84.50 | ₹991.40 | x |
| 2018-03-31 | ₹99.37 | ₹991.40 | x |
| 2019-03-31 | ₹116.15 | ₹991.40 | x |
| 2020-03-31 | ₹133.35 | ₹991.40 | x |
| 2021-03-31 | ₹151.64 | ₹991.40 | x |
| 2022-03-31 | ₹184.40 | ₹991.40 | x |
| 2023-03-31 | ₹218.96 | ₹991.40 | x |
| 2024-03-31 | ₹257.37 | ₹991.40 | x |
| 2025-03-31 | ₹278.59 | ₹991.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Transport Corporation of India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.14%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.16%
- • Asset Turnover: 1.62x
- • Equity Multiplier: 1.29x
- Recent ROE (19.14%) is above the historical average (15.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 16.55% | 2.96% | 2.67x | 2.09x | ₹106.11 Million |
| 2007 | 16.27% | 28.12% | 0.23x | 2.54x | ₹117.75 Million |
| 2008 | 11.99% | 60.34% | 0.09x | 2.19x | ₹54.62 Million |
| 2009 | 11.05% | 44.73% | 0.11x | 2.21x | ₹31.69 Million |
| 2010 | 12.46% | 55.29% | 0.10x | 2.30x | ₹82.32 Million |
| 2011 | 16.67% | 64.93% | 0.11x | 2.41x | ₹218.91 Million |
| 2012 | 15.69% | 3.04% | 2.24x | 2.31x | ₹215.15 Million |
| 2013 | 15.91% | 3.26% | 2.21x | 2.21x | ₹258.13 Million |
| 2014 | 14.59% | 3.22% | 2.22x | 2.04x | ₹225.19 Million |
| 2015 | 8.58% | 2.20% | 2.12x | 1.83x | ₹-87.94 Million |
| 2016 | 15.40% | 5.05% | 1.56x | 1.95x | ₹305.84 Million |
| 2017 | 12.48% | 4.15% | 1.58x | 1.90x | ₹160.37 Million |
| 2018 | 16.17% | 5.23% | 1.69x | 1.83x | ₹469.97 Million |
| 2019 | 16.19% | 5.22% | 1.71x | 1.81x | ₹552.03 Million |
| 2020 | 13.90% | 5.22% | 1.62x | 1.64x | ₹399.74 Million |
| 2021 | 12.58% | 5.23% | 1.62x | 1.49x | ₹301.61 Million |
| 2022 | 20.25% | 8.86% | 1.79x | 1.28x | ₹1.47 Billion |
| 2023 | 18.65% | 8.36% | 1.81x | 1.23x | ₹1.47 Billion |
| 2024 | 17.51% | 8.69% | 1.61x | 1.25x | ₹1.50 Billion |
| 2025 | 19.14% | 9.16% | 1.62x | 1.29x | ₹1.97 Billion |
Industry Comparison
This section compares Transport Corporation of India Limited's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $13,780,371,677
- Average return on equity (ROE) among peers: 10.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Transport Corporation of India Limited (TCI) | ₹24.30 Billion | 16.55% | 0.27x | $258.81 Million |
| Accuracy Shipping Limited (ACCURACY) | $735.93 Million | 5.53% | 1.45x | $2.51 Million |
| Allcargo Logistics Limited (ALLCARGO) | $19.82 Billion | 8.65% | 0.72x | $40.62 Million |
| Arshiya Limited (ARSHIYA) | $33.73 Million | 4.42% | 0.38x | $3.52 Million |
| Allcargo Terminals Ltd (ATL) | $154.47 Million | 19.84% | 11.16x | $12.58 Million |
| AVG Logistics Limited (AVG) | $220.53 Million | 20.43% | 2.79x | $16.16K |
| Blue Dart Express Limited (BLUEDART) | $4.91 Billion | -8.53% | 4.38x | $343.81 Million |
| Delhivery Limited (DELHIVERY) | $91.45 Billion | -2.72% | 0.25x | $2.74 Billion |
| Future Supply Chain Solutions Limited (FSC) | $2.39 Billion | 19.23% | 0.44x | $764.81K |
| Gateway Distriparks Limited (GATEWAY) | $17.88 Billion | 13.41% | 0.40x | $273.53 Million |
| Jet Freight Logistics Limited (JETFREIGHT) | $213.79 Million | 24.55% | 2.51x | $4.68 Million |